Quote:
Originally Posted by jimstolz76
I used to have ING do an automatic withdrawal on paydays from my main checking account. My problem with this was that I would go in and tweak the amount being withdrawn, or skip the withdrawal all together. I need it to be difficult to change. 
I guess two main limitations right now are that I don't have much to put away, and I'm not as disciplined as I should be.
I'm thinking the $100/pay ($200/month) is going to be hard. But I bet after a few months in I won't even notice and will be finding more and more money to put away. I tried having separate accounts for savings, automatic bills, manual-pay bills, etc. and basically what happened was I didn't have enough money in any of them and ended up with overdraft fees from multiple accounts instead of just one.
I need it to be simple to follow and hard to change... if that makes any sense
Love the input, thanks! |
You can fix this problem by saving up a small working capital in your checking account. Half to one months expenses hidden in your account will allow you to pay any bills as they come.
You will live paycheck to paycheck until you stop spending and start saving. Get focused on prospering and not being a mega consumer.